{ "Introduction": { "Background": { "text": "
Thirteen of Britain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added as the nation expanded across the North American continent and acquired a number of overseas possessions. Two of the most traumatic experiences in the nation's history were the Civil War (1861-65), in which a northern Union of states defeated a secessionist Confederacy of 11 southern slave states, and the Great Depression of the 1930s, an economic downturn during which about a quarter of the labor force lost its jobs. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state. Since the end of World War II, the economy has achieved relatively steady growth, low unemployment, and rapid advances in technology.
" } }, "Geography": { "Location": { "text": "North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico" }, "Geographic coordinates": { "text": "38 00 N, 97 00 W" }, "Map references": { "text": "North America" }, "Area": { "total ": { "text": "9,833,517 sq km" }, "land": { "text": "9,147,593 sq km" }, "water": { "text": "685,924 sq km" }, "note": "note: includes only the 50 states and District of Columbia, no overseas territories" }, "Area - comparative": { "text": "about half the size of Russia; about three-tenths the size of Africa; about half the size of South America (or slightly larger than Brazil); slightly larger than China; more than twice the size of the European Union" }, "Land boundaries": { "total": { "text": "12,002 km" }, "border countries": { "text": "Canada 8,891 km (including 2,475 km with Alaska); Mexico 3,111 km" }, "note": "note: US Naval Base at Guantanamo Bay, Cuba is leased by the US and is part of Cuba; the base boundary is 28.5 km" }, "Coastline": { "text": "19,924 km" }, "Maritime claims": { "territorial sea": { "text": "12 nm" }, "contiguous zone": { "text": "24 nm" }, "exclusive economic zone": { "text": "200 nm" }, "continental shelf": { "text": "not specified" } }, "Climate": { "text": "mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains", "note": "note: many consider Mount McKinley, the highest peak in the United States, to be the world’s coldest mountain because of its combination of high elevation and its subarctic location at 63 degrees north latitude; permanent snow and ice cover over 75 percent of the mountain, and enormous glaciers, up to 45 miles long and 3,700 feet thick, spider out from its base in every direction; it is home to some of the world’s coldest and most violent weather, where winds of over 150 miles per hour and temperatures of -93˚F have been recorded." }, "Terrain": { "text": "vast central plain, mountains in west, hills and low mountains in east; rugged mountains and broad river valleys in Alaska; rugged, volcanic topography in Hawaii" }, "Elevation": { "highest point": { "text": "Mount McKinley 6,190 m (highest point in North America)" }, "lowest point": { "text": "Death Valley (lowest point in North America) -86 m" }, "mean elevation": { "text": "760 m" }, "note": "note 1: Mount McKinley is one of the most striking features on the entire planet; at 20,310 feet, it is the crowning peak of the Alaska Range and the highest mountain on North America; it towers three and one-half vertical miles above its base, making it a mile taller from base to summit than Mt. Everest; McKinley's base sits at about 2,000 feet above sea level and rises over three and one-half miles to its 20,310 foot summit; Everest begins on a 14,000-foot high plain, then summits at 29,028 feetMissouri - 3,768 km; Mississippi - 3,544 km; Yukon river mouth (shared with Canada [s]) - 3,190 km; Saint Lawrence (shared with Canada) - 3,058 km; Rio Grande river source (mouth shared with Mexico) - 3,057 km; Colorado river source (shared with Mexico [m]) - 2,333 km; Arkansas - 2,348 km; Columbia river mouth (shared with Canada [s]) - 2,250 km; Red - 2,188 km; Ohio - 2,102 km); Snake - 1,670 km
note: [s] after country name indicates river source; [m] after country name indicates river mouth
world’s largest economy by nominal GDP; largest importer and second-largest exporter; home to leading financial exchanges and global reserve currency; high and growing public debt; inflation moderating but remains above pre-pandemic levels
" }, "Real GDP (purchasing power parity)": { "Real GDP (purchasing power parity) 2024": { "text": "$25.676 trillion (2024 est.)" }, "Real GDP (purchasing power parity) 2023": { "text": "$24.977 trillion (2023 est.)" }, "Real GDP (purchasing power parity) 2022": { "text": "$24.276 trillion (2022 est.)" }, "note": "note: data in 2021 dollars" }, "Real GDP growth rate": { "Real GDP growth rate 2024": { "text": "2.8% (2024 est.)" }, "Real GDP growth rate 2023": { "text": "2.9% (2023 est.)" }, "Real GDP growth rate 2022": { "text": "2.5% (2022 est.)" }, "note": "note: annual GDP % growth based on constant local currency" }, "Real GDP per capita": { "Real GDP per capita 2024": { "text": "$75,500 (2024 est.)" }, "Real GDP per capita 2023": { "text": "$74,200 (2023 est.)" }, "Real GDP per capita 2022": { "text": "$72,700 (2022 est.)" }, "note": "note: data in 2021 dollars" }, "GDP (official exchange rate)": { "text": "$29.185 trillion (2024 est.)", "note": "note: data in current dollars at official exchange rate" }, "Inflation rate (consumer prices)": { "Inflation rate (consumer prices) 2024": { "text": "2.9% (2024 est.)" }, "Inflation rate (consumer prices) 2023": { "text": "4.1% (2023 est.)" }, "Inflation rate (consumer prices) 2022": { "text": "8% (2022 est.)" }, "note": "note: annual % change based on consumer prices" }, "GDP - composition, by sector of origin": { "agriculture": { "text": "0.9% (2024 est.)" }, "industry": { "text": "17.3% (2024 est.)" }, "services": { "text": "79.7% (2024 est.)" }, "note": "note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data" }, "GDP - composition, by end use": { "household consumption": { "text": "67.9% (2024 est.)" }, "government consumption": { "text": "13.4% (2024 est.)" }, "investment in fixed capital": { "text": "21.6% (2024 est.)" }, "investment in inventories": { "text": "0.1% (2024 est.)" }, "exports of goods and services": { "text": "10.9% (2024 est.)" }, "imports of goods and services": { "text": "-14% (2024 est.)" }, "note": "note: figures may not total 100% due to rounding or gaps in data collection" }, "Agricultural products": { "text": "maize, soybeans, milk, wheat, sugar beets, sugarcane, potatoes, chicken, pork, tomatoes (2023)", "note": "note: top ten agricultural products based on tonnage" }, "Industries": { "text": "highly diversified, world leading, high-technology innovator, second-largest industrial output in the world; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining" }, "Industrial production growth rate": { "text": "3.25% (2021 est.)", "note": "note: annual % change in industrial value added based on constant local currency" }, "Labor force": { "text": "174.174 million (2024 est.)", "note": "note: number of people ages 15 or older who are employed or seeking work" }, "Unemployment rate": { "Unemployment rate 2024": { "text": "4.2% (2024 est.)" }, "Unemployment rate 2023": { "text": "3.7% (2023 est.)" }, "Unemployment rate 2022": { "text": "3.7% (2022 est.)" }, "note": "note: % of labor force seeking employment" }, "Youth unemployment rate (ages 15-24)": { "total": { "text": "9.4% (2024 est.)" }, "male": { "text": "10.4% (2024 est.)" }, "female": { "text": "8.3% (2024 est.)" }, "note": "note: % of labor force ages 15-24 seeking employment" }, "Gini Index coefficient - distribution of family income": { "Gini Index coefficient - distribution of family income 2023": { "text": "41.8 (2023 est.)" }, "note": "note: index (0-100) of income distribution; higher values represent greater inequality" }, "Average household expenditures": { "on food": { "text": "6.8% of household expenditures (2023 est.)" }, "on alcohol and tobacco": { "text": "1.9% of household expenditures (2023 est.)" } }, "Household income or consumption by percentage share": { "lowest 10%": { "text": "1.8% (2023 est.)" }, "highest 10%": { "text": "30.4% (2023 est.)" }, "note": "note: % share of income accruing to lowest and highest 10% of population" }, "Remittances": { "Remittances 2024": { "text": "0% of GDP (2024 est.)" }, "Remittances 2023": { "text": "0% of GDP (2023 est.)" }, "Remittances 2022": { "text": "0% of GDP (2022 est.)" }, "note": "note: personal transfers and compensation between resident and non-resident individuals/households/entities" }, "Budget": { "revenues": { "text": "$4.877 trillion (2023 est.)" }, "expenditures": { "text": "$6.857 trillion (2023 est.)" }, "note": "note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated" }, "Public debt": { "Public debt 2023": { "text": "114.8% of GDP (2023 est.)" }, "note": "note: central government debt as a % of GDP" }, "Taxes and other revenues": { "text": "10.6% (of GDP) (2023 est.)", "note": "note: central government tax revenue as a % of GDP" }, "Current account balance": { "Current account balance 2024": { "text": "-$1.134 trillion (2024 est.)" }, "Current account balance 2023": { "text": "-$905.378 billion (2023 est.)" }, "Current account balance 2022": { "text": "-$1.012 trillion (2022 est.)" }, "note": "note: balance of payments - net trade and primary/secondary income in current dollars" }, "Exports": { "Exports 2024": { "text": "$3.191 trillion (2024 est.)" }, "Exports 2023": { "text": "$3.072 trillion (2023 est.)" }, "Exports 2022": { "text": "$3.039 trillion (2022 est.)" }, "note": "note: balance of payments - exports of goods and services in current dollars" }, "Exports - partners": { "text": "Canada 14%, Mexico 13%, China 8%, Germany 5%, Japan 4% (2023)", "note": "note: top five export partners based on percentage share of exports" }, "Exports - commodities": { "text": "crude petroleum, refined petroleum, natural gas, gas turbines, cars (2023)", "note": "note: top five export commodities based on value in dollars" }, "Imports": { "Imports 2024": { "text": "$4.108 trillion (2024 est.)" }, "Imports 2023": { "text": "$3.857 trillion (2023 est.)" }, "Imports 2022": { "text": "$3.984 trillion (2022 est.)" }, "note": "note: balance of payments - imports of goods and services in current dollars" }, "Imports - partners": { "text": "Mexico 15%, China 15%, Canada 14%, Germany 5%, Japan 5% (2023)", "note": "note: top five import partners based on percentage share of imports" }, "Imports - commodities": { "text": "cars, crude petroleum, broadcasting equipment, computers, garments (2023)", "note": "note: top five import commodities based on value in dollars" }, "Reserves of foreign exchange and gold": { "Reserves of foreign exchange and gold 2024": { "text": "$910.037 billion (2024 est.)" }, "Reserves of foreign exchange and gold 2023": { "text": "$773.426 billion (2023 est.)" }, "Reserves of foreign exchange and gold 2022": { "text": "$706.644 billion (2022 est.)" }, "note": "note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars" }, "Exchange rates": { "text": "British pounds per US dollar: 0.782 (2024 est.), 0.805 (2023 est.), 0.811 (2022 est.), 0.727 (2021 est.), 0.780 (2020 est.)